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Which major economic reform will China announce in 2025?
2
Resolution / Starting Odds
Real estate reform • 25%
Financial sector reform • 25%
Labor market reform • 25%
No major reforms • 25%
Official announcements from the Chinese government or major economic policy bodies
Story
World Bank Raises China's 2024 GDP Growth Forecast to 4.9%, 0.1 Percentage Points Higher, Projects 4.5% for 2025
Dec 26, 2024, 05:57 AM
The World Bank has raised its forecast for China's economic growth in 2024 to 4.9%, an increase of 0.1 percentage points from its previous estimate made in June. This adjustment reflects the impact of recent policy easing and near-term export strength. Additionally, the World Bank has projected China's GDP growth for 2025 at 4.5%. The organization emphasizes the importance of balancing short-term growth support with long-term structural reforms to revitalize economic momentum. Despite facing challenges such as a real estate crisis and high youth unemployment, China's economy has shown resilience, achieving a growth rate of 4.8% in the first three quarters of 2024.
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Infrastructure spending increase • 25%
Monetary policy easing • 25%
Other major changes • 25%
Tax cuts • 25%
Environmental sustainability • 25%
Infrastructure development • 25%
Technological innovation • 25%
Social welfare improvement • 25%
Reform and opening up • 25%
Other areas • 25%
Technological advancement • 25%
Development and security • 25%
Development and Security Coordination • 25%
Other • 25%
Reform and Opening Up • 25%
Macroeconomic Stability • 25%
Other focus • 25%
Focus on domestic consumption • 25%
Focus on trade expansion • 25%
Focus on economic stability • 25%
Investment • 25%
Government Spending • 25%
Domestic Consumption • 25%
Exports • 25%